Oshkosh Corp. Reports Strong Q4 Earnings, Exceeding Expectations
Oshkosh Corp. (OSK) announced its fourth-quarter financial results on Thursday, reporting a net income of $153.1 million. This translates to earnings per share of $2.33, or $2.58 after adjusting for amortization costs.
The results surpassed Wall Street analysts' expectations, with an average forecast of $2.18 per share. Oshkosh's revenue for the quarter reached $2.62 billion, also exceeding analysts' predictions of $2.43 billion.
For the full year, the company posted a profit of $681.4 million ($10.35 per share) and revenue of $10.76 billion.
Looking ahead, Oshkosh projects full-year earnings of $11 per share and revenue of $10.6 billion.